Credit Suisse Analyst Initiates Coverage on Allergen plc Ordinary Shares (AGN) with Outperform Rating

Credit Suisse analyst, Vamil Divan, initiates coverage on Allergen plc Ordinary Shares (NYSE:AGN) with an Outperform rating and a price target of $327.00.

According to the analyst, the company has a “broad and underappreciated pipeline that will help boost their already strong base business and that is trading at a compelling valuation and being led by a best-in-class management team.”

The analyst further explains that a compelling valuation with a positive risk reward remains very attractive for investors.

Tamil Divan is ranked #210 of 4,081 analysts on TipRanks. He maintains a success rate of 70% and realizes an average return of 12.7%.

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